Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : November 2, 1973

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

UBRAWP»

Ml

,„•

JV

91973

A L

RESERVE

statistical

r e l e a s e

eg

For immediate release
November 2, 1973

G.9

MATURITY DISTRIBUTION OF OUTSTANDING
NEGOTIABLE TIME CERTIFICATES OF DEPOSITS

The total of outstanding negotiable time certificates of deposits
(CD's) in denominations of $100,000 or more at large commercial banks as of
September 26, was 66.9 billion. This was $0.8 million more than reported for
the August survey. A year ago all reporting banks had $41.2 billion of large
denomination certificates outstanding.
The certificates maturing on December 10 and December 17 tax and
dividend dates totaled $2,527 billion compared with $1,321 billion for the
corresponding survey a year ago.
The average maturity of total certificates outstanding- was 2.5 months
compared with 2.6 months for the previous survey. For the comparable survey a
year ago, the average maturity for outstanding certificates was 2.9 months.
The distribution of maturities by bank size is shown on the back
of this release.

OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS, SEPTEMBER 26, 1973

CD's Maturing in
1973—September 27-30
October
November
December 1/
1974--January
February
March
April
May
June
July
August
September
Over 12 months
Total
1/

In millions
of dollars

Percentage
distribution

Cumulative
percentage

2,838.8
25,428.3
12,827.0
11,574.3
5,686.8
1,949.5
2,329.4
1,174.7
781.0
1,024.2
676.0
783.2
356.5

4.1
36.9
18.6
16.8
8.3
2.8
3.4
1.7
1.1
1.5
1.0
1.1
.5

4.1
41.0
59.6
76.4
84.7
87.5
90.9
92.6
93.7
95.2
96.2
97.3
97.8

1,438.7

2.1

100.0

68,868.5

100.0

XXX

Includes $1,120 billion maturing on December 10, and $1,408 billion maturing
on December 17.




MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
, LARGE COMMERCIAL BANKS
By Size of Bank I/
(Amount in millions of dollars as of September 26, 1973)

Period of
maturity

1973—September 27-30
October
November
December

27

T o t a l
D e p o s i t s
of
b a n k
Under
$200 million to $500 million $1 billion
$200 million
$500 million to $1 billion and over

Total

165.3
1,137.5
610.2
476.2

358.4
2,893.3
1,514.0
1,255.8

508.2
4,200.9
2,265.4
1,743.5

1,807.0
17,196.6
8,437.4
8,098.7

Dec. 10
Dec. 17

33.5
29.4

98.6
97.4

180.3
160.6

807.3
1,120.2

1,119.7
1,407.6

1974—January
February
March
April
May
June
July
August
September
October or
later

301.5
144.2
118.9
74.3
59.8
63.8
49.2
46.3
26.1

736.1
278.5
266.5
186.9
122.9
95.4
106.8
60.6
38.9

843.6
335.7
354.7
226.3
172.0
129.2
71.4
74.4
58.9

3,805.7
1,191.0
1,589.2
687.1
426.3
735.7
448.6
601.9
232.6

5,686.9
1,949.4
2,329.3
1,174.6
781.0
1,024.1
676.0
783.2
356.5

123.4

122.9

298.1

894.3

3,396.7

8,037.0

11,282.3

46,152.1

68,-868.1

2.9

2.5

2.4

2.5

2.5

87

86

50

37

260

Total
Average maturity
(in months)
Number of banks
reporting

2/

2,838.9 2,838.9
25,428.3 28,267.2
12,827.0 41,094.2
11,574.2 52,668.4

58,355.3
60,304.7
62,634.0
63,808.6
64,589.6
65,613.7
66,289.7
67,072.9
67,429.4

1,438.7 68,868.1

banks.
Total deposits as reported in the Call Report of Condition on December 31, 1965.
Details may not add to totals because of rounding.




Cumulative
Total